With the leaves changing and autumn crispness in the air, Halloween is quickly approaching.
The time for carving Jack-o’-Lanterns, going treat or treating, and running away from the Sanderson Sisters is finally here. It’s a celebration of all things spooky and scary. And it’s the one time of year when scary can be a good thing.
But in this time of bats, ghouls and goblins, there are some pretty spooky and frightening things that are best avoided. And I’m talking about your portfolio.
High fees, crazy promises, and a mixture of poor returns dot plenty of Wall Street’s worst ideas. And with that, they don’t belong anywhere near your portfolio. These are genuine things that should have investors running scared.
High Fees That Make Your Skin Crawl
Perhaps the most frightening thing for investors these days comes down to cost. We’ve written a lot about lowering fees here at Dividend.com and why less is indeed more. But in the grand scheme of things, going from 0.12% to just 0.10% isn’t always worth the hassle and the taxes for switching to a competing fund. But going from 5.38% to 0.10% is very much worth it.